Author: Neelam Kansarali

As the market closed on Tuesday, Bajaj FinServ recorded its lowest Rs 16894.60 for the week, with its current value being Rs 17205.65 on the 9th of September. The total revenue of Bajaj FinServ for the last quarter is 175.61 Billion INR, 6.89% lower compared to the previous quarter. The net income of Q1 22 is 13.09 billion INR.

AUM (Assets Under Management) of Smart Beta Funds is less than 1 billion dollars in the Indian Market compared to over 1.3 trillion dollars AUM in the Global Market. Smart beta funds track an index, but they are based on additional factors on which the stocks from the index can be included in the portfolio. Smart Beta Funds(SBFs) are rule-based factor investments, which fall under the category of ETFs. They are the improvised versions of traditional ETFs and are considered liquid funds. Smart Beta Funds are relatively new in the Indian market and were first launched 6-7 years ago. While…

The next multi-bagger may come from digital businesses. “Stocks Like Zomato, Nykaa, PB Fintech, and Paytm may give you 30-40 times in the next five to ten years,” said Dipan Mehta, Director of Elixir Equities. The role of Zomato, Nykaa, and Paytm in Digital Revolution: As India is rapidly moving towards a Digital Revolution, the Digital Business is witnessing a sharp rise in the last 5 years. With the increased usage of affordable smartphones and data consumption, Indian businesses can be seen adopting online services in diverse segments. Recently in an interview with a publication Dipan Mehta, Director of Elixir…